Map
Listed price in listed location currency (USD).
$340,000

452

MLS® 733321

Overview

Key Facts

Type 
Levels Residential Income
Size 2522 sqft
Garage Yes
Taxes $4,599
Days Active 82
Lot Size 
Approx. Age 1895
Avg. Price Per Sqft $134
MLS® Number 733321

Property Address: 2936 Brattleboro Ave, Des Moines, IA, 50311-3955

Average square foot calculated using Size range provided by listing agent.

Description

Well-located 5-unit multifamily in the Drake area offering a rare mix of stability and immediate upside. Quiet building with a solid history of long-term tenancy and consistent performance. The property features four 1-bedroom units and one efficiency, with current rent levels positioned for strong cash flow: Unit 1: $800 Unit 2: $675 Unit 3: $500 Unit 4: $550 Unit 5: $800 Recent system improvements include a conversion to electric heat (previously dual furnaces). Tenants pay their own electric, with separate meters already in place. Landlord expenses are limited to water, house electric, and gas for the water heater, supporting favorable operating margins. Additional income and value features include: Coin-operated laundry in the basement 2-car detached garage Extra storage in the unfinished attic and basement This property is well-suited for investors seeking a low-turnover asset with multiple income streams, clean utility separation, and long-term hold potential in a proven rental location. Schedule a showing to review the numbers and evaluate the upside in person.
MLS® Number733321
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1895
BasementEgress Windows
DrivewayDetached, Garage, Two Car Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 23, 2026List Date
$340,000List Price

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